ICOs Raised $160 Million in First Half of January
ICObench report: ICOs completed in the first half of January have raised $160 million, about 33 percent of the combined amount secured in December.
ICOs completed by Jan. 15 have managed to raise about 33 percent of the combined amount raised in the previous month of December. Half of that sum was secured by just one project, the report notes.
According to ICObench, the number of fundraisers that are set to take place in January is more than 150, a figure similar to the past seven months, excluding December.
In January, the combined hard cap — the maximum amount of money that a project can secure from investors during an ICO — amounts to more than $4 billion. As per the report, three fundraisers out of the five largest this month have reached or almost reached their hard caps.
ICObench also reported that the number of ICO listings has continued to decline in January, suggesting that the phenomenon is losing its popularity.
In terms of amount of funds raised, Canada has been leading during the first half of the month, with a combined figure of $80 million. However, when it comes to the actual number of projects, the Netherlands ranked first.
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Thank you for sharing this valuable information appreciated @flash07
It is surprising how the ICO market continues to hold despite the scandals that have been evident in recent months. Although the trend is downwards there are still many who continue to risk their capital in this type of initiative.
I imagine that the concepts offered are promising. Whitepaper editors are striving to draw prosperous horizons.
What do you think the behavior of this market could be according to your criteria?
All best, Piotr
Yes it is and according to tech reports we will see more bigger figures. Already 100+ ICO project announced for this year and many more to come. By 31st Jan more 5 ICO will launch. For sure people are learning from bad experience & SCAMs - with them SCAMMERS also learning and making promising projects to scam the people. To avoid some situation people are making ICOs but with different terminology. Till now I heard fewer projects with new terminology but they are actually ICOs. Aim is to show people that those are not ICOs and new things which is secure.
They are some good projects coming too. Let's see what happens. I am not that much into ICOs anymore. My focus will be on STOs only.
When I was reading articles on ICOs future, more than 90% cases I read positive things only. There were some interesting articles. Someone made wrote good topic with titles like below :
2017: The Year of the “Whitepaper ICO”
2018: The Year of the “Killer Whales”
2019: The Year of the Product, Purpose, and Protocol
Dear @flash07
You seem to have unique skills of finding all those projects. Would you be able to help me and find out if there are any STOs out there already launched on Polymath or any other platform? Or if there are any planned to be launched?
I would appreciate your help a lot
Yours
Piotr
Maybe a decline, but still impressing figures!
Thank you for your kind support @conceptskip.